Land Loans – Vacant Land & Lot Financing with John Thomas, PRMI

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Buying land in Delaware? Whether you’re planning to build later or simply want to own acreage now, John Thomas and the PRMI team offer flexible land loan solutions for vacant lots, raw land, and recreational property.

What Is a Land Loan?

A land loan—also known as a vacant land loan or lot loan—lets you purchase property that doesn’t yet have a home on it. Traditional conventional mortgages typically don’t allow this, but PRMI Land Loans make it possible to own land today and build later or not build at all . Land Loans are also sometimes referred to as Lot Loans or Vacant Land Loans. You apply for a Land Loan by calling loan officer John Thomas with Primary Residential Mortgage at 302-703-0727 or APPLY ONLINE. Keep Reading...

DSHA 4% Down Payment Assistance Returns for Delaware Home Buyers – John Thomas, Primary Residential Mortgage

John Thomas October 22, 2025 Tags: Delaware First Time Home Buyer Programs, DSHA 4% DPA, DSHA Down Payment Assistance

DSHA Brings Back 4% Down Payment Assistance for Delaware Home Buyers

Great news for Delaware home buyers. The Delaware State Housing Authority (DSHA) has re-released its 4% Down Payment Assistance (DPA) program, giving eligible buyers more help with upfront costs when purchasing a home. The program is available only in conjunction with their Home Again Mortgage Program. Take advantage now by calling John Thomas Loan Officer at 302-703-0727 or APPLY ONLINE

How the 4% Down Payment Assistance Works

The assistance equals 4% of the first mortgage loan amount and can be used toward down payment and closing costs. The 4% DPA is available only with the DSHA Home Again Program. It is not available with the DSHA Welcome Home Program. Keep Reading...

VA Manufactured Home Loans

John Thomas October 20, 2025 Tags: manufactured home financing, Single-Wide VA Loan, VA Home Loan Eligibility, VA Loans for Veterans, VA Manufactured Home Loans, Veterans Home Loans

VA Manufactured Home Loans: Single-Wide, Double-Wide & Multi-Wide (Guide by John Thomas, PRMI)

Author: John Thomas, Loan Officer at Primary Residential Mortgage (PRMI)

Veterans and active-duty military members: thinking about buying a manufactured home? You can use your VA home loan benefit as a strong financing tool. I’m a loan officer with Primary Residential Mortgage (PRMI), and I assist buyers in using VA loans to finance single-wide double-wide, or multi-wide manufactured homes. This guide walks you through qualification requirements obtaining your Certificate of Eligibility (COE), meeting property standards, and dodging common mistakes—giving you the clarity to make your next moves. Ready to begin? Call the John Thomas Team at 302-703-0727 or APPLY ONLINE today. Keep Reading...

One-Time Close Construction Loan | Build Your Dream Home with One Loan

John Thomas October 17, 2025 Tags: Construction Lending, One-Time Close Construction Loan

Build Your Dream Home with a One-Time Close Construction Loan

By John Thomas, Loan Officer | Primary Residential Mortgage, Inc.

Have you been dreaming of building your perfect home from the ground up? With a One-Time Close Construction Loan from the John Thomas Team with Primary Residential Mortgage (PRMI), you can purchase your land and build your home—all with one simple loan and one closing. No need to juggle multiple loans, re-qualify after construction, or pay extra closing costs. This is a much better option than the traditional Construction to Permanent Construction Loans as that is a two time close. Keep Reading...

FHA Manufactured Home Loans: What You Need to Know

John Thomas October 14, 2025 Tags: FHA Loans, FHA manufactured home loan, FHA manufactured home purchase, FHA manufactured home requirements

FHA Manufactured Home Loans: Purchase & Refinance Guide

Learn how FHA manufactured home loans work for purchasing and refinancing HUD-code manufactured homes. FHA loans are for primary residences only.

Manufactured homes can be an affordable path to homeownership, and the FHA manufactured home loan can make financing more attainable. In this guide, we cover eligibility, property requirements, how to use an FHA manufactured home purchase loan, and your options to refinance a manufactured home with FHA. Important note: FHA loans are for primary residences only—not second homes or investment properties. If you would like to apply for a FHA Manufactured Home Loan to purchase or refinance a property, give John Thomas Team with Primary Residential Mortgage a call at 302-703-0727 or APPLY ONLINE. Keep Reading...

DSHA FHA 203k Loan Program: Renovate Your Home with 5% Down Payment Assistance

John Thomas July 19, 2025 Tags: Delaware FHA renovation loan, DSHA FHA 203k Limited Loan, FHA 203k loan Delaware

Are you buying a home in Delaware that needs repairs or updates but short cash to close? The DSHA FHA 203k Limited Loan Program is a powerful mortgage option that allows you to finance both the purchase and renovation of a primary residence—with help from the Delaware State Housing Authority’s (DSHA) 5% down payment and closing cost assistance to make your home purchase more affordable.

This is a top option for first-time homebuyers in Delaware looking to purchase and renovate with one streamlined loan and get a 5% DPA Program. Find out if you qualify today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

Ground Up Construction Loans for Builders & Investors

John Thomas July 19, 2025 Tags: Build-to-Rent Loan, Construction Financing Delaware, Delaware Builder Financing, Ground Up Construction Loans Delaware, Investor Loan DE, New Construction Loan DE, SPEC Build Loan

Flexible Financing for Experienced Builders & Real Estate Investors

Ground Up Construction Loans for experienced home builders. We provide funding to get your next building project off the ground. Whether you’re building to sell or creating a long-term rental portfolio, this flexible construction loan program is designed to help experienced builders and investors break ground faster and smarter.

This isn’t your average construction loan. With fast approvals, interest-only payments, and options for SPEC and build-to-rent projects, it’s tailored to support professionals ready to scale. If you’re planning to build a new home or investment property from the ground up, traditional financing often falls short. That’s where the Ground Up Construction Loan Program from the John Thomas Team comes in. Looking to get started ASAP? Call us at 302-703-0727 or APPLY ONLINE. Keep Reading...

Asset Qualifier Loan Program

John Thomas February 18, 2025 Tags: Asset Depletion Loan, Asset Qualifer Loan, Asset Utilization Loan

Asset Qualifier Loan Program in Delaware & Maryland – Qualify Using Your Assets

The Asset Qualifier Loan Program is a flexible mortgage option that allows homebuyers and homeowners in Delaware and Maryland to qualify for a loan based on their verified assets — not traditional income documents. For borrowers with strong savings, investments, or retirement funds but limited reportable income, this program can open doors to homeownership or refinancing that might otherwise be out of reach. This program does NOT require employment or income to justify your ability to repay. This is a great program for retirees, undeserved self employed, divorced borrowers with no income, and other borrowers with large assets but no income. You can get started today by calling Loan Officer John Thomas at 302-703-0727 or APPLY ONLINE. Keep Reading...

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